{
\def\sym#1{\ifmmode^{#1}\else\(^{#1}\)\fi}
\begin{tabular*}{\hsize}{@{\hskip\tabcolsep\extracolsep\fill}l*{4}{c}}
\toprule
                    &\multicolumn{2}{c}{\shortstack{Reinvestment fund preference}}&\multicolumn{2}{c}{\shortstack{Auto reinvest preference}}\\\cmidrule(lr){2-3}\cmidrule(lr){4-5}
                    &\multicolumn{1}{c}{(1)}         &\multicolumn{1}{c}{(2)}         &\multicolumn{1}{c}{(3)}         &\multicolumn{1}{c}{(4)}         \\
\midrule
Reinvestment treatment&       -0.10         &       -0.05         &       -0.04         &        0.01         \\
                    &      (0.13)         &      (0.29)         &      (0.14)         &      (0.25)         \\
Alter               &                     &       -0.00         &                     &        0.00         \\
                    &                     &      (0.01)         &                     &      (0.01)         \\
i\_male              &                     &        0.15         &                     &        0.12         \\
                    &                     &      (0.18)         &                     &      (0.23)         \\
Kreditkarte\_ja\_nein &                     &        0.07         &                     &       -0.06         \\
                    &                     &      (0.18)         &                     &      (0.23)         \\
Savings account     &                     &       -0.09         &                     &        0.16         \\
                    &                     &      (0.16)         &                     &      (0.20)         \\
Baufi\_ja\_nein       &                     &       -0.13         &                     &       -0.16         \\
                    &                     &      (0.20)         &                     &      (0.22)         \\
i\_married           &                     &        0.09         &                     &       -0.09         \\
                    &                     &      (0.20)         &                     &      (0.24)         \\
i\_retired           &                     &        0.06         &                     &        0.15         \\
                    &                     &      (0.20)         &                     &      (0.21)         \\
i\_student           &                     &       -0.20         &                     &        0.14         \\
                    &                     &      (0.21)         &                     &      (0.26)         \\
Dividends recieved 2021&                     &       -0.08         &                     &       -0.16\sym{**} \\
                    &                     &      (0.10)         &                     &      (0.07)         \\
Dividends recieved 2020&                     &       -0.06         &                     &       -0.01         \\
                    &                     &      (0.07)         &                     &      (0.06)         \\
Portfolio holdings  &                     &        0.00\sym{*}  &                     &       -0.00         \\
                    &                     &      (0.00)         &                     &      (0.00)         \\
\midrule
Survey date FE      &           N         &           Y         &           N         &           Y         \\
R-squared           &       0.013         &       0.502         &       0.001         &       0.528         \\
Observations        &          50         &          38         &          50         &          38         \\
\bottomrule
\end{tabular*}
}
